The Research On Risk Management Of Life Insurance Company In China

Traditional life insurance companies generally use corporate governance, internal control and risk management a few split, due to lack of comprehensiveness, resulting in a one-sidedness, isolated and static, and is not conducive to the life insurance company’s risk management. When the risk environment changes, the traditional risk management model is unable to respond, so they need a new model to monitor all kinds of life insurance company risk. This paper introduces a comprehensive risk management model, this is a relatively new way of management, it is through a holistic correlation between risk and risk of the insurance companies, make up the traditional approach to risk management, on behalf of the risk management of life insurance companies direction of development.This article is the first major national life insurance risk management model starting insufficient life insurance enterprise risk management approach described and analyzed, and summarized the risks faced by the entire life insurance industry, combined with the life insurance industry is facing the situation briefly enterprise risk control status quo, and finally combined with the actual situation of the Company A, Overview of A Company, including the assets and liabilities and internal control processes, described three companies may face risks, and combination of all three risks were analyzed, and put forward constructive ideas for Company A risk monitoring. And other articles differ past articles mostly stay on the concept of a comprehensive risk management, combined with the actual situation of the more in-depth discussion of a comprehensive risk management, the advantages of this paper is that the conceptual and practical combination and for risk monitoring and management, combined with the actual situation.The main point of the article is on the basis of the traditional discourse, based on a comprehensive risk management perspective, through examine the life insurance company’s risk profile, analysis of the causes of the life insurance business risk, the specific description of the risk management and monitoring in the life insurance industry, thereby strengthening the life insurance companies in the control of the investment process, China’s life insurance industry has been able to get the effective development. Also presented in the final risk management and monitoring of the policy recommendations of the life insurance industry, life insurance companies must ensure the security of the assets at the same time, increasing the value of assets to risk reimbursement and business development to meet the needs. Concluded that need content and a match with the content of the complete mechanism is the insurance company of a comprehensive risk management, otherwise, a comprehensive risk management is just a gorgeous appearance, operation can not done.